PYMNTS

DECEMBER 6, 2017

Collaboration between FinTechs and banks. We are definitely seeing more innovation in the cross-border B2B space in the last two years than we have ever before,” he recently told PYMNTS. “We A small business needs working capital, letters of credit, export insurance logistics, shipping insurance and credit protection.

Payments 183

Payments blockchain Innovation Fintech 183

PYMNTS

AUGUST 10, 2017

UAE Exchange CEO Promoth Manghat told PYMNTS’ Karen Webster that staying ahead on technology and working capital investments has not only kept UAE Exchange in the game since 1980, but enabled it to grow into a global leader in the financial services space, handling close to $30 billion in transfers each year. Let me give you an example.

How To 136

How To Risk Management Technology US 136

Insights on Business

SEPTEMBER 18, 2016

Some forward-looking banks, – and even more third-party providers (TPPs) and financial services technology companies (FinTechs) are embracing the directive as an opportunity to gain a competitive edge, retaining and gaining customers through value-added services. Value-Added Services = Profits for Banks. See my previous API blogs.)

Marketing 70

Marketing Payments Compliance Security 70

CFPB Monitor

JULY 21, 2022

Currently, and depending on the facts, the BSA often does not apply to payment processors, who often fit into an exemption under the BSA’s definition of a “money services business,” or MSBs, subject to AML requirements. in a manner that the Secretary determines appropriate to assess compliance” with the amendment. The New Gatekeepers.

United States 78

United States Taxes Regulation Compliance 78

Gonzobanker

JULY 6, 2021

Transformation strategy success is measured by customer-facing key performance indicators (KPIs) such as five-minute-or-less account opening across digital, call center and branch channels; efficiency KPIs such as a 50% reduction in ACH exception processing times; and risk management KPIs such as 95% compliance on the FI’s check hold policy.

Strategy 158

Strategy System Risk Management Technology 158

PYMNTS

DECEMBER 16, 2016

Though many financial institutions recognize the opportunity to help middle-market businesses automate their AP payments, they have not been able to fully capitalize on the opportunity. King said that at the end of the day, “there are always going to be some arbitrary definitions of what a segment is.”

Marketing Automation 100

Marketing Automation Marketing Cards Payments 100

CFPB Monitor

MARCH 24, 2020

The proposal is a significant development for fintech companies and other commercial companies seeking to establish ILCs. Compliance with the commitments would be a condition of the FDIC’s grant of deposit insurance, issuance of a nonobjection to a change in control, and approval of a merger.

FDIC 60

FDIC Taxes Industry Policies 60

PYMNTS

MAY 25, 2016

“What we found … is that, if you have a particular point of view in how to best interdict that particular activity, 10 other companies will have a differing point of view … [but] what they all have in common is that they just need better understanding and knowledge around what’s at risk and how to best track compliance,” Sirota said.

Data 101

Data Big Data Security CA 101

PYMNTS

MAY 25, 2016

“What we found… is that if you have a particular point of view in how to best interdict that particular activity, ten other companies will have a differing point of view… [but] what they all have in common is that they just need better understanding and knowledge around what’s at risk, and how to best track compliance,” he says. See below.

Data 100

Data Big Data Security CA 100

CFPB Monitor

JUNE 11, 2019

This bill created the nation’s third regulatory sandbox program for fintechs, after Arizona , which enacted sandbox legislation in March 2018, and Wyoming , which enacted sandbox legislation in February of this year. Notably, Utah’s definition expressly includes blockchain technology. Utah Governor Gary Herbert signed H.B.

Utah 60

Utah Arizona Regulation Innovation 60

PYMNTS

SEPTEMBER 22, 2017

Across the pond, estimates Innovate Finance and Pitchbook, the B2B FinTech market has gotten nearly half of all FinTech funding in the European Union through the past year. The European Union is also gearing up to promote new, continent-wide mandates that would promote FinTech growth and investments, especially post-Brexit.

US 108

US Apple Innovation Regulation 108

CFPB Monitor

MARCH 8, 2017

Earlier this week, we attended the LendIt USA conference in New York City, a leading annual fintech conference, at which CFPB Director Richard Cordray and Comptroller of the Currency Thomas Curry both spoke. Comptroller Curry said that the OCC definitely has authority to grant special purpose charters without new legislation.

Conference 74

Conference Policies New York City Data 74

Fintech Labs Insights

OCTOBER 30, 2016

Deloitte recently asked what we should make of “regtech” in a new report titled, “RegTech is the new FinTech: How agile regulatory technology is helping firms better understand and manage their risks.” Compared to “insurtech” – regtech firms have been prominent players in the fintech firmament for years. ” Indeed.

blockchain 12

blockchain Trends Fintech social media 12

Lex Sokolin

MAY 13, 2019

It is becoming a truism that companies are going public much later in their vintage, and as a result, the capital that fuels their growth is private rather than public. The public markets are full of compliance costs, cash-flow oriented hedge fund managers, and passive index manufacturers?—?not This has a distributional impact.

San Francisco 40

San Francisco Software Trends Google 40

Lex Sokolin

MAY 13, 2019

It is becoming a truism that companies are going public much later in their vintage, and as a result, the capital that fuels their growth is private rather than public. The public markets are full of compliance costs, cash-flow oriented hedge fund managers, and passive index manufacturers?—?not This has a distributional impact.

San Francisco 40

San Francisco Software Trends Google 40

CB Insights

MAY 8, 2018

And, although Google searches for “bitcoin” and “blockchain” have slid, companies are still flush with cash from 2017’s ICO boom, cryptocurrency price run-up, and venture capital investment — and are spending it. In February, ICOs raised almost 60% of their capital in private rounds and pre-sales, according to TokenData.

blockchain 75

blockchain Trends Technology cryptocurrency 75

Insights on Business

APRIL 10, 2019

” Although we lack a gold standard for a definition, an alternative asset can loosely be thought of as an investment in anything that is not a traditional publicly traded stock, bond, or cash instrument. This category covers distressed debt, venture capital, and leveraged buyouts. What constitutes “alternative?”

Management 93

Management Examples Data Analytics 93

Lex Sokolin

DECEMBER 25, 2019

If you read anything but this newsletter, you’ve got to read: Blockchain Capital’s 2019 Year in Review Messari Research Crypto Theses for 2020 DappRadar 2019 dapp Industry Review Decentralized Finance Overview So let’s narrow our entire lens to decentralized finance. all Fintech unicorns?—?that

blockchain 52

blockchain Bitcoin Software Lending 52

BankUnderground

AUGUST 9, 2022

Widespread adoption of crypto in the metaverse, or any other setting would require compliance with robust consumer protection and financial stability regulatory frameworks. Owen Lock works in the Bank’s Resilience Division and Teresa Cascino works in the Bank’s, Fintech Hub. What is the metaverse? or leave a comment below.

System 126

System blockchain cryptocurrency Lending 126

Fintech Labs Insights

MARCH 28, 2017

Nearly 20 of the companies highlighted in Planet Compliance’s new RegTech Top 100 Power list – and five of the top ten – are Finovate and/or FinDEVr alums. Interestingly, Planet Compliance says it has added a “secret ingredient” to the ranking system. Market capitalization of $5.63 Founded 1993.

San Jose 12

San Jose San Diego North Carolina California 12

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. And definitely include a meme. Seriously, given what we see in origination process reviews, we almost understand this.

Community Bank 60

Community Bank Apple Community Technology 60